What was the break-even point

Assignment Help Financial Accounting
Reference no: EM13135040

If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?

Reference no: EM13135040

Questions Cloud

Improve the precision of the performance measure : The Principal can invest in monitoring to improve the precision of the performance measure,according to the monitoring technology
Compute the eup for direct material-direct labor : Compute the EUP for direct material,direct labor, and overhead using weighted average process costing. Compute the EUP for direct material, direct labor, and overhead using FIFO process costing.
Computing electrical power from a geothermal resource : Calculating electrical power from a geothermal Resource, A geothermal well is producing 9000kg/second from a hot water basin at 200 ºC [enthalpy of 800 KJ/Kg].
What is the value of stock today : The dividend should grow rapidly - at a rate of 50% per year - during years 4 and 5, but after year 5, growth should be constant at 8% per year. If the required return on Microtech is 15%, what is the value of its stock today?
What was the break-even point : If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?
Explain fluid statics- submerged submarine : Fluid Statics: Submerged Submarine, A submarine is at a depth of 2000 ft from the water surface. The atmospheric pressure above the water is at 14.7 psia
Intersection of plane with coordinate axes : Find the points where the plane z=5x-4y+3 intersects each of the coordinate axes. Find the lengths of the sides and the angles of the triangle formed by these points.
Why is it important for a firm to provide : Other than satisfying the SEC's full disclosure requirement, why is it important for a firm to provide the forward looking statement?
Advantage of the discount : What is the amount of the discount, and up to what date must the invoice be paid in order for the buyer to take advantage of the discount?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd